• Job Description

  Req#: R-0000071650

  Job Summary

  Job Description

  What is the opportunity?

  RBC’s Institutional Client Credit Management Team is looking for an Analyst to deliver analysis, insights and recommendations on credit risk profiles that are meaningful and timely with respect to bank and sovereign counterparties. In addition the Analyst will support business units to fulfil specific targets and objectives through the application of disciplined risk management processes.

  What will you do?

  • Risk identification and assessment (60%):

    • Collaborate with Group Risk Management (GRM) to maintain credit quality and the right balance of risk and reward within the portfolio including preparation of: Risk assessment reviews (RAFs), supporting documentation and forward looking assessments

    • Participate in continuous monitoring of counterparty and portfolio risks and make recommendations to ensure consistent application of policies and guidelines, operational risks/controls deficiencies are identified and reported and appropriate sizing of trading and non-trading limits and tenor

  • Transaction support (30%):

    • Participate in the First line of Defense by assisting with maintenance of appropriate client risk levels within assigned portfolio

    • Partner with business units including ICCM - Transaction Management to complete regulatory reviews and help ensure relationship remains within RBC policy and risk appetite

  • Portfolio Management (10%):

    • Interact with business units to provide information on assigned names within the portfolio including data and analysis on credit limits and utilization

    • Contribute to the production of portfolio statistics and management information reports in a timely and accurate manner. This includes ad hoc and regularly scheduled quarterly reporting, country exposure updates, peer reviews, stress testing etc.

  What do you need to succeed?

  Must-have:

  • A completed Undergraduate Degree in Business, Finance, Accounting or a related quantitative field

  • At least 1 year of experience working within the Financial Services sector, preferably in risk management

  • Strong analytical, research and problem-solving skills

  • Solid understanding of inter-relationships between global and local economic trends and financial institution risk profiles

  • Ability to interpret, explain and communicate opinions and recommendations using strong verbal and written presentations

  • Ability to establish priorities and manage tasks with accompanying attention to detail

  • Proactive and self-motivated with strong organizational and time management skills

  • Advanced data and computer management skills including proficiency with MS Office Suite

  • Strong communication and inter-personal skills

  Nice-to-have:

  • Work experience in a Back Office or Middle Office is considered an asset

  • Post graduate degree (MBA, MA) in Finance or Economics

  • Successfully acquired a FRM, CFA or CPA designation

  What’s in it for you?

  We thrive on the challenge to be our best with progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

  • A comprehensive Total Rewards Program including bonuses and flexible benefits plus competitive compensation.

  • Opportunities to do challenging work and learn about products, credit, and risk ratings.

  • Work in a dynamic, collaborative, progressive, and high-performing team.

  • Opportunity to interact with different internal groups and build a comprehensive network.

  • Opportunities to take on progressively greater accountabilities.

  Job Skills

  Adaptability, Banking Products, Communication, Credit Analysis, Credit Management, Critical Thinking, Customer Service, Detailed-Oriented, Detail-Oriented, Financial Engineering, Financial Statement Analysis, Financial Statements, Flexible Team Player, Investments Analysis, Personal Development, Risk Management, Taking Initiative, Teamwork

  Additional Job Details

  Address:

  ROYAL BANK PLAZA, 200 BAY ST:TORONTO

  City:

  TORONTO

  Country:

  Canada

  Work hours/week:

  37.5

  Employment Type:

  Full time

  Platform:

  Capital Markets

  Job Type:

  Regular

  Pay Type:

  Salaried

  Posted Date:

  2023-11-08

  Application Deadline:

  2023-11-16

  Inclusion and Equal Opportunity Employment

  At RBC, we embrace diversity and inclusion for innovation and growth. We are committed to building inclusive teams and an equitable workplace for our employees to bring their true selves to work. We are taking actions to tackle issues of inequity and systemic bias to support our diverse talent, clients and communities.
  
  We also strive to provide an accessible candidate experience for our prospective employees with different abilities. Please let us know if you need any accommodations during the recruitment process.

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  Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

• About the company

  Royal Bank of Canada (RBC), is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. The Com...

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